The Motor Insurers Bureau (MIB) has revealed that 2022 will bring new leadership to the association as Mike Crane (pictured), MD of LV=’s broker division, will succeed Steve Maddock as chairman of the board. In a Press release, MIB noted that Crane, who has over 30 years of insurance experience, has been part of MIB’s board since 2018 and has played a key role in the development of its long-term strategy.
Crane is the MD of LV= Broker and CEO of L&G General Insurance while the business fully integrates into LV=. Over the last few years, he has been heavily involved in the successful transfer of portfolios from Allianz and Legal & General. He also has executive responsibility for diversity and inclusion for LV= General Insurance and is an engagement board member (personal lines) of the Chartered Insurance Institute.
Crane started his career with Commercial Union in the late 1980s and moved up the ranks of the profession, taking on senior positions across personal and commercial insurance product lines, including at Aviva and RBS Insurance.
Commenting on the news, Crane said it is a great privilege to take over as chair from Maddock and that he looks forward to working with the MIB team as the bureau continues to evolve to meet the future needs of its members and customers.
The release noted that Maddock, who has headed the MIB board since 2014, led the association in the “most significant period of transformation in its history” and that this work had delivered a significant programme of technological and cultural developments that support the people and organisations MIB represents.
Maddock said: “It’s been a great honour serving as chairman at the MIB and I am proud of all we have achieved over the last seven years. The MIB are at the forefront of tackling uninsured driving and I am pleased to say have made a lot of progress in this area. It gives me great pleasure to pass the baton over to Mike who brings with him a wealth of experience and who I am confident will serve the members and customers well.”
MIB’s chief executive, Dominic Clayden, said he was delighted that Crane had accepted the challenge to keep pushing MIB to evolve so it can support the industry and fulfil its ambitions to make roads safer, help innocent victims of uninsured and hit-and-run drivers rebuild their lives, and protect people from insurance fraud.
Clayden added: “I’d also like to thank Steve for his contribution to everything we have achieved together. MIB has progressed considerably during his time as chair, and the board, ExCo and everyone at MIB is extremely grateful to him for that.”